From Bloomberg: Bahrain Mumtalakat Holding Co., the Persian Gulf countryís sovereign wealth fund, may price its bonds to yield about 300 basis points above benchmark midswaps, three people familiar with the pricing range said.
The banker and two investors declined to be identified because terms of the deal arenít set. The fund may sell $500 million of bonds maturing in five years as soon as this week in its first sale of debt overseas, a person familiar with the plan said last week..............................................Full Article: Source